Blue ocean strategies - Study guides, Class notes & Summaries
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MNG4801 Supplementary Exam 2024 (Solutions/Answers)
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MNG4801 Supplementary Exam 2024 (Solutions/Answers) 
 
Question 1 
Question 1 is for 20 marks, and it includes sub-questions 1.1, 1.2 and 1.3. It tests 
your understanding of the nature and role of strategy. It also tests your understanding 
of strategic decision-making, and of analysing the macro-environment. 
1.1 Discuss the difference between intended, deliberate, and emergent 
strategies. Support your discussion by integrating the appropriate 
application of theory and examples from th...
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STR 581: Ch 6: Strengthening a Company's Competitive Position Questions With Complete Solutions, Graded A+
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The best strategic offensives for companies involve which of the following? - Answer-1. striving to 
convert a competitive advantage into a sustainable advantage 
2. overwhelming rivals with swift and decisive action 
A company's strategic offensive should be based on ____ - Answer-the company's strengths as well as its 
rivals strengths and weaknesses 
Lowering prices can be a successful competitive strategy for a company if _____ - Answer-1. the 
company convinces buyers that its products ar...
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Exam #2 J375 Questions & Correct Answers | Grade A+
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Which of the following is not one of Porter's generic business level strategies? 
- Cost Leadership 
- Differentiation 
- Economies of Scale 
- Focus 
: Economies of Scale 
Which of the following is more of a value driver than a cost driver? 
- Economies of Scale 
- Superior Customer Service 
- Experience-curve Effects 
- Learning - curve effects 
: Superior Customer Service 
Which of the following statements is true of a strategic position? 
2 
- Choosing a strategic position requires mak...
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
Five generic strategies to build sustainable competitive advantage - answer1.) Low Cost 
provider does not mean low quality, but the ability to manage your costs so you price where 
you want to price and make achievable profit margins (ex. Wal-Mart) 
2.) Focused Low-Cost provider does not address the whole market but a segment or niche that 
has direct appeal to your products or services (ex. Southwest Air) 
3.) Broad Differentiation allow...
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
- Exam (elaborations) • 7 pages • 2024
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
Five generic strategies to build sustainable competitive advantage - answer1.) Low Cost 
provider does not mean low quality, but the ability to manage your costs so you price where 
you want to price and make achievable profit margins (ex. Wal-Mart) 
2.) Focused Low-Cost provider does not address the whole market but a segment or niche that 
has direct appeal to your products or services (ex. Southwest Air) 
3.) Broad Differentiation allow...
And that's how you make extra money
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation 
strategy, focused cost leadership, and focused differentiation. 
Cost leadership - answerOffers products or services with acceptable quality and features to 
a broad set of customers at a low price. 
Advantages of cost leadership - answerWithstanding price competition from rivals, 
discouraging new entrants, and attracting a large market share. 
Disad...
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
- Exam (elaborations) • 18 pages • 2024
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation 
strategy, focused cost leadership, and focused differentiation. 
Cost leadership - answerOffers products or services with acceptable quality and features to 
a broad set of customers at a low price. 
Advantages of cost leadership - answerWithstanding price competition from rivals, 
discouraging new entrants, and attracting a large market share. 
Disad...
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MNGT 4800 - Exam 2 Questions With 100% Correct Answers
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
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- $11.49
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MNGT 4800 - Exam 2 Questions With 100% 
Correct Answers 
Five generic strategies to build sustainable competitive advantage - answer1.) Low Cost 
provider does not mean low quality, but the ability to manage your costs so you price where 
you want to price and make achievable profit margins (ex. Wal-Mart) 
2.) Focused Low-Cost provider does not address the whole market but a segment or niche that 
has direct appeal to your products or services (ex. Southwest Air) 
3.) Broad Differentiation allow...
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MBA 705 CH 8&9 Graded A+
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MBA 705 CH 8&9 Graded A+ 
Capital-Labor Substitution ️An organization's ability to substitute labor for capital or vice versa as 
production increases. 
Experience Curve ️The reduction in per-unit costs that occur as an organization gains experience 
producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of 
scale, and (3) capital-labor substitution possibilities 
Functional Strategies ️The strategies pursued by each functional area of ...
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BSG Exam Practice -59 Questions with 100% Correct Answers
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Strategic Offensive called for when a company spots opportunities to gain profitable 
market share at its rival's expense or when a company has no choice but to try to whittle 
away at a strong rival's competitive advantage 
Blue Ocean Strategy offers growth in revenues and profits by discovering or 
inventing new industry segments that create altogether new demand 
Offensive Strategies sometimes a company's best strategic option is to seize the 
initiative, go on the attack, and launch a...
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